Home News Walmart heir pays $22M for Cherry Hills Village properties

Walmart heir pays $22M for Cherry Hills Village properties

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A snow-covered house in Cherry Hills Village. Two purchases this year have exceeded $ 20 million. ((((Hyunchan / Denver Post).

Wal-Mart’s heirs have joined Russell Wilson, spending more than $ 20 million on Cherry Hills Village real estate.

Earlier this week, Terra Nevada LLC paid $ 22 million to four municipalities in southern Denver, according to public records.That entity lists the addresses of Bentonville, Arkansas that Ben Walton and his wife Lucy used in connection with their sale. Cherry Creek Office Building September 2020.

Walton Ben Walton

Ben Walton

Walton is the grandson of Wal-Mart founder Sam Walton. He is not unfamiliar with the area. He and his wife also own a home in Hilltop, and according to their website, their family office Zoma Lab, which focuses on tackling environmental issues in Colorado and Chile, is headquartered in Denver. increase. Requests for comments made through ZomaLab were not returned.

Arapahoe County Certificates show that Walton purchased four separate parcels, including the 4595 S. Vine Way, 1800 E. Stanford Ave., and 1900 E. Stanford Ave. The property does not seem to be officially on the market.

The Google Maps image and Zillow page show that there are three houses in four parcels. The 3,127-square-foot home on 4595 S. Vine Way has four bedrooms and five bathrooms. The 6,318-square-foot home on 1900 E. Stanford Avenue has four bedrooms and six bathrooms. According to Zillow’s page, the 2,962 sq ft home on 1800 E. Stanford Avenue has four bedrooms and five bathrooms.

The property is shown by records sold by Stanford & Vine LLC, managed by local wildcatter William D. Armstrong. Armstrong is the CEO of Armstrong Oil & Gas, according to its website.

This is the second most expensive home sale to date in the metro area, following Russell Wilson and Ciara buying a Cherry Hills Village home for $ 25 million last month. Which Business Den first reported..

Wal-Ton’s father, Rob, a former Wal-Mart CEO, is one of five bidders reportedly trying to buy Denver Broncos. According to Sportico..

Walton buys a property at Cherry Hills Village

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